ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Others

LG reports a slump in sales for Q1, 2020

Seoul [South Korea], April 8 (ANI): LG announced its preliminary earnings results for Q1, 2020, with a decline in sales while estimating profit.

ANI Apr 08, 2020 22:45 IST googleads

Representative image

Seoul [South Korea], April 8 (ANI): LG announced its preliminary earnings results for Q1, 2020, with a decline in sales while estimating profit.
According to the official release, LG reported tentative consolidated revenues of KRW 14.7 trillion in the first quarter of 2020 with an operating profit of KRW 1.1 trillion.
Given the ongoing COVID-19 pandemic, sales are expected to decline. LG estimates it to be 1.2 per cent lower than the same quarter last year with operating income increasing 21.1 per cent year-on-year. LG will announce details on each division officially later this month. (ANI)

Get the App

What to Read Next

Others

Apple's iOS 19 coming in few months

Apple's iOS 19 coming in few months

Apple's upcoming software update, iOS 19, is expected to bring significant design changes, new features, and improvements to the iPhone experience.

Read More
Others

Elon Musk names Linda Yaccarino as new Twitter CEO

Elon Musk names Linda Yaccarino as new Twitter CEO

Elon Musk, on Friday, named Linda Yaccarino, formerly NBCUniversal's top sales exec, as the new Twitter CEO.

Read More
Internet

Zoom to lay off around 1,300 employees

Zoom to lay off around 1,300 employees

Yuan stated that he and other executives will take a significant pay cut. In the message to employees, he admitted to making "mistakes" in how quickly the company grew during the pandemic.

Read More
Mobile

Apple might delay iPhone SE 4 smartphone until 2024

Apple might delay iPhone SE 4 smartphone until 2024

American tech giant Apple is having lower-than-expected sales of midrange iPhones, analyst Ming-Chi Kuo has claimed.

Read More
Others

LG Display demonstrates 12" panel that stretches upto 14"

LG Display demonstrates 12

LG Display has demonstrated a 12" panel that can be stretched to 14" and released back to 12" without damaging it.

Read More
Internet

Facebook parent company Meta sees 4 per cent sales dip

Facebook parent company Meta sees 4 per cent sales dip

Meta has reported a year-over revenue loss of over 4 per cent. As the Q3 report came out, Meta reported losses and the company has even projected loss for the next quarter.

Read More
Others

Microsoft releases new Windows 11 update

Microsoft releases new Windows 11 update

Washington [US], October 19 (ANI): American multinational technology corporation Microsoft has released yet another update for its Windows 11 OS, bringing in a plethora of new features.

Read More
Others

Rockstar confirms 'GTA VI' footage was leaked

Rockstar confirms 'GTA VI' footage was leaked

Washington [US], September 19 (ANI): American video game publisher Rockstar has confirmed the 'Grand Theft Auto VI' footage leaked online over the weekend had been stolen from its network.

Read More
Computers

LG announces new high-end Ultra PC lineup with motion tracking

LG announces new high-end Ultra PC lineup with motion tracking

Seoul [South Korea], September 19 (ANI): South Korean multinational conglomerate LG has announced two new laptop models that carry a similar portable big-screen vibe, like the company's light Gram line, though the new launches are heavier.

Read More
Others

New matchmaking app launched for India's LGBTQIA+ community

New matchmaking app launched for India's LGBTQIA+ community

New Delhi [India], September 6 (ANI): After experiencing a slump in registrations during the pandemic, the matrimonial apps industry is now on a look out at newer communities and groups to get more users on board.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.